US EditionEU announces $3.4 billion in Ukraine reconstruction support
13 Articles
13 Articles
The Development Bank of the Council of Europe (BRRE) has allocated an additional loan of 100 million euros to Ukraine under the HOME project, the funds will be directed to compensation in the form of housing certificates under the “eRecovery” program.
At a conference in Rome, new aid for Ukraine worth EUR 1 billion was pledged. Srebrenica commemorates the massacre in the Bosnian city 30 years ago. The most important thing in brief.
Participants in Thursday's meeting in Rome are pledging the equivalent of just over 111 billion kronor for Ukraine's reconstruction, Italian Prime Minister Giorgia Meloni announced, according to Reuters. "It is very clear that there are enormous needs," states Sweden's EU Minister Jessica Rosencrantz.
After the end of the war, Kiev, according to its own estimates, needs hundreds of billions of euros for reconstruction. According to Chancellor Merz, Russia is expected to pay for a large part of it.
Ukraine has been fighting Russian invaders since February 2022. More than half of its budget is funded from abroad
At a two-day conference in Rome, European Commission President Ursula von der Leyen presented the EU's new €2.3 billion package of agreements. At the event, international partners are urging support for Ukraine's recovery and reconstruction efforts amid intensifying Russian air strikes.
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